Retirement Plan Advisors for
University of Michigan Employees
Fiduciary retirement planning for faculty and staff at the University of Michigan and universities across Michigan.
Your University Retirement Guide & the Legacy Wealth Partners Advantage
A single-page overview of your university retirement options, the employer match, a step-by-step enrollment walkthrough, and how our active portfolio management supports you every step of the way.
Serving University Professionals
Our team of fiduciary-based advisors has had the privilege of partnering with University of Michigan employees — along with faculty and staff at universities across southeastern Michigan — for over a decade. We actively manage their 401(a), 403(b), and 457(b) portfolios and provide the comprehensive financial planning that helps their families reach their legacy goals.
Whether your university retirement savings are held with TIAA or Fidelity, we help you understand and optimize your investment options within the plan. Our partnership with our back office affords us the ability to work with a robust Portfolio Analysis/Research Team and Advanced Financial Planning Team, and our initial consultations are complimentary.
Comprehensive Portfolio Management
- —Due to the size of the assets we manage, our team has direct access to consult with Fidelity's research team — allowing us to deliver best-in-class solutions within your university retirement plan.
- —We use an independent, fiduciary-driven platform to manage portfolios both within university plans and outside of them. Utilizing the various investment options and their combinations can make a significant long-term impact.
In-Depth Financial Planning
Financial planning is the cornerstone of our counsel. The university offers many benefits we evaluate in our planning approach, including:
- —Health, Dental & Vision Insurance
- —Life Insurance
- —Legal Services
- —Child Care Assistance
Universities We Serve
- University of Michigan
- Michigan State University
- Eastern Michigan University
- Wayne State University
Legacy Wealth Partners is neither endorsed by nor affiliated with any of these universities. Neither Legacy Wealth Partners nor Commonwealth are sponsored by, affiliated with, or in any way related to TIAA, Fidelity or any of their affiliates or subsidiaries.
University of Michigan Retirement Plan FAQs
How should I invest my University of Michigan 403(b)?
The University of Michigan plan offers a range of investment options through TIAA and Fidelity, and the right mix depends on your age, risk tolerance, other assets, and retirement timeline. As independent, fiduciary advisors, we help University of Michigan employees build and actively manage a portfolio within their 403(b) and coordinate it with their overall financial plan.
Should I choose TIAA or Fidelity for my university retirement plan?
Both TIAA and Fidelity are available as carriers within many Michigan university plans, each with a different investment menu and set of features. There is no one-size-fits-all answer — we review your options with you and help you decide based on your goals, never a proprietary product.
Can you help me coordinate my University of Michigan 401(a), 403(b), and 457(b) accounts?
Yes. University employees often have savings spread across a 401(a), a 403(b), and a 457(b), each with different rules and investment options through TIAA and Fidelity. We actively manage these accounts together as one coordinated portfolio, aligned with your overall financial plan.
Can you manage my university 403(b) while I'm still employed?
Yes. Our independent, fiduciary platform allows us to actively manage portfolios both inside university retirement plans and outside of them, so you receive ongoing guidance throughout your career — not only at retirement.